In Ireland, graduates with a Master in Innovation Management are becoming more and more valuable since businesses are swiftly discovering the benefits of achieving dynamic efficiency in their operations and the ensuing investment in research and development. Along with equipping future tech entrepreneurs and business leaders with the knowledge and abilities needed to succeed in this technologically advanced period, such a course will also help you understand the forward impetus that propels human progress.
The Central Statistics Office of Ireland has released data that shows how popular an MSc in Innovation Management is becoming in Ireland. Within companies, spending on R&D, innovation, and creativity increased significantly over the years. In addition, the percentage of businesses using cloud computing, networking, and online advertising has increased from 36% to 45%, a development that has continued to outpace the average for the European Union-28, which is 26% in 2018. These figures demonstrate how rapidly businesses are realizing the advantages that come with developing their IT infrastructure. They would, therefore, need experts with the skill sets necessary for such expansion, investment, and, of course, innovation.
That is exactly the situation that graduates from Masters in Innovation Management programs in Ireland are able to address.
Masters in Innovation Management in Ireland
Entry Requirement for Innovation Management
Although no prior experience in IT, business, or management is assumed for this program, it does require the study and quick development skills of an honors degree graduate. A minimum 2.2 grade in an honors (level 8) degree is required of candidates. Candidates without a primary degree but with substantial relevant work experience—at least three years of which must be in a managerial position—will be considered in rare cases.
Innovation Management Course Fees
Although it can be costly for international students to study in Ireland, it can be rather affordable when compared to other nations. Furthermore, with the aid of numerous scholarships and government-funded programs, the cost of an Innovation Management degree can be greatly reduced for local students who want to attend a university. If you want to complete your higher education without taking on debt, doing some research on those is probably going to be really important.
The usual course fee ranges from €10,500 to €19,200 a year. It might be feasible to use scholarships to pay for tuition.
Career Options and Average Salary
After completing this program, students will have a unique skill that will define their careers. With the chance to study and tackle today's pressing IT-enabled innovation issues, they can gain valuable insights from numerous top international organizations. Future and present IT executives in the public and private sectors can benefit from the curriculum by using it to further their careers. The instructional materials have an extensive, cross-sectoral, and global perspective.
Given the student's skill set, work history, and productivity, innovation managers in Ireland are likely to be fairly compensated for their contributions to their corporate employers' productivity. Even for junior workers, the salary for innovation management in Ireland varies greatly depending on the company, region, and nature of the job. Attractive beginning packages are provided by companies such as Accenture, Vodafone, and PepsiCo to graduates who possess the necessary skill sets and can prove their ability to function effectively in a professional setting. Even at the beginning of their careers, Irish graduates in innovation management may expect to make about €60,000 annually.
How much will the application fee for MS Innovation Management be?
The majority of applications are free. However, some universities charge between 20 and 55 EUR.
Can I receive a full scholarship to study Innovation Management in Ireland?
Full scholarships are competitive and only offered to highly skilled students.
Are you Interested?